By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Baner ClubBaner ClubBaner Club
  • Home
  • Business
    BusinessShow More
    Tesla expected to unveil lower-cost Model Y in push to reignite sales
    October 7, 2025
    To strengthen trade and investment ties, a Saudi business delegation travels to Pakistan.
    October 7, 2025
    Pakistan and Malaysia strengthen their trade partnership with a $200 million halal meat deal.
    October 6, 2025
    India considers “razing the Roosevelt Hotel to build a skyscraper.”
    October 6, 2025
    The nation’s coastline presents a wealth of opportunities for commercial ports: sources
    October 6, 2025
  • Politics
    PoliticsShow More
    Senior PML-N leadership reaches out to PPP to defuse tensions
    October 7, 2025
    Qatar claims Trump changed Gaza Peace Plan at Israel’s request
    October 7, 2025
    Malaysia will work with Pakistan to combat corruption.
    October 7, 2025
    High-level Saudi delegation arrives in Pakistan for trade, investment talks
    October 7, 2025
    After retirement, Field Marshal will return home, not to the president’s or prime minister’s residence: Sanaullah
    October 7, 2025
  • Technology
    TechnologyShow More
    India may launch a new missile strike, the former NSA warns.
    October 6, 2025
    UAE launches AI visa, event permits and residency for widows, and refugees
    September 30, 2025
    Transforming future of work: Resource Cloud launches at ITCN Asia 2025
    September 26, 2025
    Meet the history-making astronauts headed for the Moon
    September 24, 2025
    Pakistan to roll out 5G in coming months, says IT minister
    September 23, 2025
  • Sports
    SportsShow More
    Abhishek among nominees for ICC player of the month award
    October 7, 2025
    Women’s World Cup: Sidra Amin looks for strong performance vs Australia
    October 7, 2025
    Djokovic survives leg injury, heat exhaustion to beat Munar in Shanghai
    October 7, 2025
    Alex Pereira KO’s Magomed Ankalaev to reclaim light heavyweight title
    October 7, 2025
    Women’s World Cup: India beat Pakistan by 88 runs
    October 7, 2025
  • Job Portal
  • Matrimonial
  • Marketplace
  • Chat Room
  • More
    • Blog
    • Interests
    • Contact Us
Reading: Outside of the surveys
Share
Notification
Font ResizerAa
Font ResizerAa
Baner ClubBaner Club
Search
  • Home
  • Business
  • Politics
  • Technology
  • Sports
  • Job Portal
  • Matrimonial
  • Marketplace
  • Chat Room
  • More
    • Blog
    • Interests
    • Contact Us
  • Privacy Policy
  • Terms and Conditions
© 2022 BanerClub. All Rights Reserved.
Baner Club > Blog > Election > Outside of the surveys
Election

Outside of the surveys

No messiah from the political elite talked about an exit strategy from the vicious debt circle

Last updated: 2024/02/14 at 2:34 PM
Published February 14, 2024
Share
8 Min Read
SHARE

Beyond the lofty pledges made by politicians during election campaigns, public officials must now confront harsh reality. During their campaigns, some candidates promised to provide 300 free units to impoverished homes. Others promised their fans that they would build millions of houses.

PML-N leaders acted like modern monarchs, asking their courtiers what they wanted and promising to fulfill their demands right now. Everything was promised, including airports, universities, medical colleges, and highways.

But no one cared to explain how they would complete these difficult duties given the IMF’s and other monetary institutions’ tough rules, which Pakistan must adhere to.

No messiah from the political elite discussed an exit route from the vicious spiral of foreign and internal debt, which is the greatest burden on the national budget. No leader notified the public about how much money would be left in the budget after debt repayment, defense spending, and payments to independent power producers (IPPs).

Following the acceptance of IMF requirements intended to boost the autonomy of the State Bank of Pakistan (SBP), all governments have been foolishly borrowing from private banks. Following a tremendous growth in external debt that has already reached the $130 billion mark, the country is now facing an increase in domestic borrowings that would have major ramifications for the economy, but no party appears to have an exit strategy from these vicious borrowings.

Despite the country’s budgetary restrictions, the PML-N kept promising to develop more highways, flyovers, and other projects that mostly benefited party leaders and their allies.

The PPP’s election campaigns were likewise fascinating to follow. PPP leaders used pro-people rhetoric that fooled no one. People have seen how party officials’ and their families’ assets have grown dramatically over the last 15 years.

The PPP may not have a single MPA or MNA who is not living in money and luxury, but Sindh, where the party has controlled for more than 15 years, remains in disarray. Millions of homeless people, legions of unemployed young people, and a battalion of starving women await help from their government.

The PPP did make some positive adjustments to the healthcare system, but nothing more.

In its election campaigns, the PTI promised that it will enhance the economy by expanding the tax base, modernizing agriculture, and improving industry, in addition to increasing tourism. The party also stated that it would increase social spending from the current 1.0% to 3.0% of GDP.

However, serious questions should follow the ‘party of change’. The PTI vowed to serve the people, yet in 2018, the government exacerbated their misery. How did the increase in drug prices benefit low-income patients? How did the Rawalpindi Ring Road affair benefit them? Did the PTI manage to enhance literacy by creating new schools?How many universities were set up during the PTI’s rule? Did anyone notice a reduction in children and women’s malnourishment? These are important questions that the party of change will have to ponder over.

What has been done cannot be undone. Politicians should now move beyond bluster and focus on the numerous issues confronting the country. The Taliban insurgency is rearing its hideous head again. Terrorist groups launched hundreds of strikes during the last two years, targeting both law enforcement and ordinary individuals. The Islamic State-Khorasan is also restructuring, establishing pockets of control in Khyber Pakhtunkhwa and Balochistan. Some fragmented groups of the disbanded TTP are thought to be operational.

Political parties will have to work together to develop a realistic plan to combat the threat of terrorism. Only force will not suffice. The political leaders will have to learn from the devastation of Iraq, Libya, Syria, and Sudan.

All of these regimes funded proxies, and the policy of developing non-state actors backfired on them. Today, these states appear to be disintegrating. They all appear to have fallen into the depths of chaos and disorder.

The employment of proxies as a tool of foreign policy has already caused irreparable harm to our country. Pakistan, which had no drug addicts in the 1960s, now has a huge problem with substance usage. People have almost unlimited access to fatal weaponry. This was all due to our engagement in the Afghan Jihad, which contributed to the development of the TTP, an organization responsible for the deaths of over 30,000 Pakistanis as well as billions of dollars in infrastructural damage.

Politicians had a wonderful opportunity to normalize relations with India during Imran Khan’s reign, when the country’s strong quarters seemed open to the notion of engaging archrival India, but Imran Khan disregarded the idea arrogantly.

A large country, such as the USSR, could not endure after investing billions of dollars in an unproductive sector. So, how can a country like Pakistan, with a much lower industrial growth rate than the Soviet Union, afford an arms race? Such a race may be significantly reduced by normalizing relations with India in a respectful manner. The restoration of trust between the two countries may transform Pakistan into a true regional center, allowing the country to earn billions of dollars in transit alone.

If democracy has to take firm roots, politicians will have to pledge not to rely on non-democratic forces to come into power. All political parties should get united to oppose the crackdown on political forces. Celebrating undeclared bans on fellow politicians is an imprudent approach, which must be abandoned. They need to respect each other’s mandate and people’s will. They must devise a code of ethics that forbids them to resort to character assassination. It should be political programmes rather than leaders and their families which should be the subject of their debates and arguments.

They should also summon enough courage to openly admit their defeat. Khawaja Saad Rafique, Mustafa Nawaz Khokhar and some other politicians have set a good precedent by admitting their defeats and respecting people’s will. Nawaz Sharif should also admit that the policy of appeasing the powers that be did not work. It rather destroyed the political capital of the PML-N.

You Might Also Like

Voters’ fundamental political rights restricted in 2024 polls: Commonwealth report

Vote count underway as polling ends in Sindh districts for LG by-polls

Sindh announces holiday in 14 districts on Sep 24 for LG by-polls

Nepal sets March elections after naming interim prime minister

PML-N’s Rana Sanaullah wins Senate by-election in Punjab

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
February 14, 2024 February 14, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Copy Link
Share
Previous Article Bali imposes a 150,000 rupiah tourist entry fee.
Next Article Will Pakistan’s leaders resolve the issue or make it worse?
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

Facebook Like
Twitter Follow
Pinterest Pin
Instagram Follow
Youtube Subscribe
Dribbble Follow
- Advertisement -
Ad imageAd image

Latest News

Gold price in Pakistan latest – October 7, 2025
Ecnomics Pakistan October 7, 2025
Medical helicopter crashes in California, injuring three
News October 7, 2025
US spent $21bn supporting Israel’s Gaza war: Report
War October 7, 2025
Abhishek among nominees for ICC player of the month award
Sports October 7, 2025
//

Where headlines meet insight, and stories shape perspectives. Your gateway to informed perspectives and captivating narratives.

Top Categories

  • BUSINESS
  • POLITICS
  • TECHHot
  • HEALTH
  • News
  • Technology
  • Fashion

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Baner ClubBaner Club
Follow US
© 2025 BanerClub. All Rights Reserved.
  • Privacy Policy
  • Terms and Conditions
Pay with Paypal

Login

Register

Please enter your username or email address. You will receive a link to create a new password via email.

Loading Back to login
Forgot Password
Facebook Login Loading...
Registration is currently disabled.
  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
body::-webkit-scrollbar { width: 7px; } body::-webkit-scrollbar-track { border-radius: 10px; background: #f0f0f0; } body::-webkit-scrollbar-thumb { border-radius: 50px; background: #dfdbdb }
Welcome Back!

Sign in to your account

Lost your password?